2023
Exports
$3.86BWorld Rnk 6 / 156
Flag Rnk 6 / 1199
2023
PRODUCT COMPLEXITY IN Raw Aluminium
-1.28Rnk 895 / 1025
2023
Imports
$488MWorld Rnk 30 / 186
Flag Rnk 38 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $3.86B in Raw Aluminium, making it the 6th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 6th most exported product in Norway. The main destination of Raw Aluminium exports from Norway are: Germany ($702M), Netherlands ($636M), Denmark ($525M), Sweden ($397M), and Poland ($349M).

The fastest growing export markets for Raw Aluminium of Norway between 2022 and 2023 were Denmark ($259M), Italy ($130M), and Slovakia ($29.9M).

Imports In 2023, Norway imported $488M in Raw Aluminium, becoming the 30th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 38th most imported product in Norway. Norway imports Raw Aluminium primarily from: United Arab Emirates ($151M), Russia ($66.3M), Brazil ($44.2M), Malaysia ($35.5M), and Bahrain ($32.8M).

The fastest growing import markets in Raw Aluminium for Norway between 2022 and 2023 were United Arab Emirates ($68M), Brazil ($44.2M), and Malaysia ($29.3M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Raw Aluminium. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.86B
IMPORTS (2023)$488M
NET TRADE (2023)$3.37B

In 2023, Norway exported $3.86B in Raw Aluminium. The main destinations of Norway exports on Raw Aluminium were Germany ($702M), Netherlands ($636M), Denmark ($525M), Sweden ($397M), and Poland ($349M).

In 2023, Norway imported $488M in Raw Aluminium, mainly from United Arab Emirates ($151M), Russia ($66.3M), Brazil ($44.2M), Malaysia ($35.5M), and Bahrain ($32.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Denmark$259M (97.5%)
Italy$130M (13.6k%)
Slovakia$29.9M (72.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Norway WERE (2022 - 2023):
Sweden-$456M (-53.5%)
Netherlands-$277M (-30.3%)
Poland-$193M (-35.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Raw Aluminium were:
In 2023, Norway's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $83.6M
TOP IMPORT POTENTIALIndia+ $24.4M

Raw Aluminium’s highest export potential is Germany. With an export gap of $83.6M.   Raw Aluminium’s highest import potential is India with an import gap of $24.4M.

See methodology.

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